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    Thread: Coronavirus is Bitcoin's Black Swan.

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      MasterFx is offline
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      Coronavirus is Bitcoin's Black Swan.

      We all know that the term "Black Swan" in the financial market refers to events that are totally unpredictable, but have a high impact on the financial universe. That said, can we say that the new Coronavirus is the black swan of BTC?

      Since it is an unforeseen event, and such an event has gone out of control in China, and has caused the Asian stock exchanges to open downwards this Monday, February 3rd, can we state this, and BTC is being affected?

      Well, to my mind whenever something happens in the market, an impacting event that weakens certain currencies, investors run to safe haven assets, what they can invest without leaving the capital standing. But we can say that BTC with its high volatility can be a safe haven asset?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya is offline
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      For me, this Coronavirus has really affected the market. I have read some articles saying that the impact of the virus to the global economy is growing. Some theme parks, planes, and cruise ships are being shut down or quarantined for safety purposes.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      AbdulShiek is offline
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      I've been observing the movement of the Bitcoin, and so far it's stable since the NcoV outbreak. Nothing to worry about.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Sendo12 is offline
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      Quote Originally Posted by AbdulShiek View Post
      I've been observing the movement of the Bitcoin, and so far it's stable since the NcoV outbreak. Nothing to worry about.
      This is good to know. Probably, some parts of the world's economy has been affected but it is good to know that Bitcoin remains stable.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trader_Rob is offline
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      If you look at the news, Coronavirus is still constantly being brought up. But I guess it hasn't yet affected the global market. Although there are many establishments that have received a huge impact.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Wekesa is offline
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      Posibly but I dont think the fall was related to Corona virus, its important to really know and notice that it was all about the work that you can imagine and prove, the price fell because time for a halving had already come and it was good to change to make sure that there is going to be everything working perfectly in its own time

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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